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EXCEL - IDEA: XBRL DOCUMENT - Laredo Resources Corp.Financial_Report.xls
10-K - ANNUAL REPORT - Laredo Resources Corp.lrdo_10k.htm
XML - IDEA: XBRL DOCUMENT - Laredo Resources Corp.R7.htm
XML - IDEA: XBRL DOCUMENT - Laredo Resources Corp.R9.htm
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XML - IDEA: XBRL DOCUMENT - Laredo Resources Corp.R1.htm
XML - IDEA: XBRL DOCUMENT - Laredo Resources Corp.R8.htm
XML - IDEA: XBRL DOCUMENT - Laredo Resources Corp.R2.htm
XML - IDEA: XBRL DOCUMENT - Laredo Resources Corp.R10.htm
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EX-31.2 - CERTIFICATION - Laredo Resources Corp.lrdo_ex312.htm
EX-32.1 - CERTIFICATION - Laredo Resources Corp.lrdo_ex321.htm
EX-10.2 - PROMISSORY NOTE ISSUED TO ROBERT GARDNER - Laredo Resources Corp.lrdo_ex102.htm
EX-31.1 - CERTIFICATION - Laredo Resources Corp.lrdo_ex311.htm
v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended 24 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Cash Flows from Operating Activities      
Net loss $ (56,356) $ (56,789) $ (120,470)
Adjustments to reconcile net loss to net cash used by operating activities      
Non cash interest expense - capital contribution 902 895 1,797
Forgiveness of debt (10,000)   (10,000)
Write off of porperty option 20,000   20,000
Changes in operating assets and liabilities:      
Accrued interest 3,482 516 3,998
Prepaid expenses 3,000 (3,000)  
Accounts payable and accrued liabilities (9,702) 3,520 558
Net cash used in operating activities (48,674) (54,858) (104,117)
Cash Flows from Investing Activities      
Acquisition of property option   (10,000) (10,000)
Net cash used in investing activity   (10,000) (10,000)
Cash Flows from Financing Activities      
Capital stock issued     27,985
Notes payable, related party 47,500 39,000 86,500
Net cash provided by financing activities 47,500 39,000 114,485
Net (decrease) increase in cash during the period (1,174) (25,858) 368
Cash, beginning of the period 1,542 27,400  
Cash, end of the period 368 1,542 368
Supplemental information      
Accrual for mineral property $ 10,000   $ 10,000